Intel Corporation announced its revenue, earnings and cost reduction plan for the third quarter of 2024. The company also provided guidance for the fourth quarter and updated its foundry and Altera businesses.

Intel Corporation Reports Third-Quarter 2024 Financial Results. Intel Core Ultra 200S series processors deliver top gaming and compute performance with lower power for desktop PCs. Intel unveils next-gen solutions with Xeon 6 and Gaudi 3 to transform enterprise computing.

The advisory group aims to unite industry leaders to shape the future of x86 and foster developer innovation through a more unified set of instructions and architectural interfaces. This initiative will enhance compatibility, predictability and consistency across x86 product offerings.

Intel and Biden Admin Announce up to $8.5 Billion in Direct Funding Under the CHIPS Act. Proposed funding, coupled with an investment tax credit and eligibility for CHIPS Act loans, would help Intel advance American semiconductor manufacturing and technology leadership in the AI era. NEWS HIGHLIGHTS.

Specifically, Intel Foundry will produce an AI fabric chip for AWS on Intel 18A. We will also produce a custom Xeon 6 chip on Intel 3 that builds on our existing partnership, under which Intel produces Xeon Scalable processors for AWS.

Oct 15 (Reuters) - Intel (INTC.O) and Advanced Micro Devices (AMD.O) on Tuesday said they are forming a group to help make sure software works across their chips, responding to a rising challenge...

Shares of Intel are surging before the market opens Tuesday after the chipmaker said its foundry business would make some custom artificial intelligence chips for Amazon Web Services as it attempts to reinvigorate its business.

Intel's big announcements this week are positive indicators for its turnaround efforts and overall strategy, assuming it can execute the announced moves flawlessly.

As part of the expanded collaboration, Intel will produce an AI fabric chip for AWS on Intel 18A, the company’s most advanced process node. Intel will also produce a custom Xeon 6 chip on Intel 3, building on the existing partnership under which Intel produces Xeon Scalable processors for AWS.